NOT LISTED FOR SALE

12016 Locust St Cedar Rapids, IA 52404

Estimated Value: $233,000 - $263,000

3 Beds
1 Bath
1,560 Sq Ft
$159/Sq Ft Est. Value

Last Sold September 18, 2020

Last sale price $165,000 $106 Per Sq Ft

Est. 50% increase in value since last sale

Current estimated payment $1,534/month

19 Days on Market

Highlights

  • Deck
  • 2 Car Detached Garage
  • Living Room
  • Prairie Ridge Elementary School Rated A-
  • Forced Air Cooling System
  • Water Softener is Owned

About This Home

As of September 2020

Situated on a half acre of gorgeous property, this fantastic 2 story offers huge potential. There are hardwood floors under carpeting. Large kitchen is the centerpiece of this turn of the century home. 3 Seasons room off the kitchen. Main floor bedroom. 2 nice-sized bedrooms up plus a bonus room which could be a hobby room, play room, or office space. There is large detached 2 or more car garage. Sellers installing new septic system prior to closing. This great home is located in the "un-incorporated town" of Western. Just minutes to I-380. A delight to show!

Last Agent to Sell the Property

Kim Griffith

Griffith Real Estate Listed on: 08/06/2020

Co-Listed By

Ben Griffith

Griffith Real Estate

Last Buyer's Agent

Kim Griffith

Griffith Real Estate Listed on: 08/06/2020

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,030

Year Built

  • 1900

Lot Details

  • 0.5

Parking

  • 2 Car Detached Garage

Home Design

  • Frame Construction
  • Vinyl Construction Material

Interior Spaces

  • 1,560 Sq Ft Home
  • 2-Story Property
  • Living Room
  • Combination Kitchen and Dining Room
  • Basement
  • Block Basement Construction
  • Dryer

Kitchen

  • Range
  • Microwave

Bedrooms and Bathrooms

  • Primary bedroom located on second floor
  • 1 Full Bathroom

Utilities

  • Forced Air Cooling System
  • Heating System Uses Gas
  • Community Well
  • Gas Water Heater
  • Water Softener is Owned
  • Septic System

Additional Features

  • Deck
  • 0.5 Acre Lot

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,030

Year Built

1900

Lot Details

0

Listing Details

  • Style: 2 Stories
  • Acres: 0.5000
  • Above Grade Finished Sq Ft: 1560
  • Total Bathrooms: 1.00
  • Total Bedrooms: 3
  • City Name: Cedar Rapids
  • Dining Features: Kitchen/Dining Combo
  • Gross Tax: 2030
  • List User Cell Phone: 319-521-3291
  • Miscellaneous: Deck
  • Net Tax: 1895
  • Property Sub Types: Single Family
  • Property Type: Residential
  • Ratio Close Price By List Price: 0.82541
  • Ratio Close Price By Original Li: 0.82541
  • Ratio Current Price By Sq Ft: 105.77
  • Total Sq Ft: 1560
  • Water Sewer Roads: Community Well, Septic System
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1900

Interior Features

  • Appliances Included: Dryer, Microwave, Range, Refrigerator, Water Heater – Gas, Water Softener - Own
  • Additional Room: 3 Seasons, Living Room
  • Basement: Block
  • Basement: Yes
  • Full Bathrooms: 1
  • Bedrooms Level 1: 1
  • Bedrooms Level 2: 2
  • Level 1 Full Bathrooms: 1
  • Master Bedroom Level: Level 2

Exterior Features

  • Construction Methods: Frame
  • Exterior: Vinyl

Garage/Parking

  • Garage/Parking: 2 Cars, Detached

Utilities

  • Heating Cooling: Central Air, Forced Air, Gas Heat

Schools

  • Elementary School: College Comm
  • Middle School: College Comm
  • High School: College Comm

Lot Info

  • Lot Size: .50 Acre

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 6, 2020
Closed on
Sep 17, 2020
Sold by
Hernandez David Jon and Hernandez Paula Kristine
Bought by
Patzner Rhett
Seller's Agent
Kim Griffith
Griffith Real Estate
Buyer's Agent
Kim Griffith
Griffith Real Estate
List Price
$199,900
Sold Price
$165,000
Premium/Discount to List
-$34,900
-17.46%
Current Estimated Value
$247,938

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$82,938
Avg. Annual Appreciation
8.40%
Original Mortgage
$156,750
Outstanding Balance
$139,105
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$108,833

Purchase Details

Closed on
Apr 20, 2015
Sold by
Hernandez Donna R
Bought by
Hernandez Donna R and Hernandez David Jon
Source: Public Records

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Patzner Rhett $165,000 None Available
Patzner Rhett $263,200 Roemerman William H
Hernandez Donna R -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Patzner Rhett $156,750
Closed Patzner Rhett $156,750
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/18/2020 09/18/20 Sold $165,000 -17.5% $106 / Sq Ft
08/25/2020 08/25/20 Pending -- -- --
08/06/2020 08/06/20 For Sale $199,900 -- $128 / Sq Ft
Source: Cedar Rapids Area Association of REALTORS®

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $2,570 $209,100 $51,300 $157,800
2024 $2,348 $198,400 $51,300 $147,100
2023 $2,348 $200,000 $51,300 $148,700
2022 $2,318 $155,100 $51,300 $103,800
2021 $2,114 $155,100 $51,300 $103,800
2020 $2,114 $132,500 $39,600 $92,900
2019 $1,792 $132,500 $39,600 $92,900
2018 $1,738 $125,000 $39,600 $85,400
2017 $1,680 $117,400 $39,600 $77,800
2016 $1,728 $117,400 $39,600 $77,800
2015 $1,721 $117,400 $39,600 $77,800
2014 $1,590 $117,400 $39,600 $77,800
2013 $1,488 $117,400 $39,600 $77,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Cedar Rapids Area Association of REALTORS®

MLS Number: 2005795

Cedar Rapids Area Association of REALTORS®

APN: 19344-51030-00000